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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication. Additionally, U.S.

Price 225
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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total Gas & Power Limited, the gas trading subsidiary of Total, will also purchase 0.9 Source: INPEX.

Australia 210
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Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B

Green Car Congress

Overseas, the Group has oil and gas assets in Indonesia, Australia, Nigeria, Argentina, the US and some other countries. The transaction will be effected by way of a plan of arrangement through concurrent proceedings under the Companies’ Creditors Arrangement Act (Canada) and the Canada Business Corporations Act.

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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. According to court documents filed in the District of Connecticut, Glencore Ltd.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

In 2021, Global EV purchases jumped to 6.6 Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

In 2021, Global EV purchases jumped to 6.6 Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution.